Why Many People Go Without a Bank Account

'Time' lists four reasons why people use outside services

By Neal Colgrass,  Newser Staff

Posted Nov 24, 2012 4:48 PM CST

(Newser) – Nearly a third of Americans are "underbanked," meaning they lack access to a full array banking services—but why? The question is particularly pressing when you consider that cashing checks and paying bills without a bank account can cost an extra $380 a...   Read full story »


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